State Taxes Stacked Against the Poor
Though many conservatives would rather not discuss it, not all taxes are created equal. Sure, the federal income tax is progressive (though less so than in the past), but payroll and state taxes -- which include levies on income, property, sales and various fees -- are not, and the differences between the top 1 percent and the bottom 20 percent can be large.
Though many conservatives would rather not discuss it, not all taxes are created equal. Sure, the federal income tax is progressive (though less so than in the past), but payroll and state taxes—which include levies on income, property, sales and various fees—are not, and the differences between the top 1 percent and the bottom 20 percent can be large. –ARK
WAIT BEFORE YOU GO...Kevin Drum at Mother Jones:
How progressive are state taxes?
Answer: They aren’t. The Corporation for Enterprise Development recently released a scorecard for all 50 states, and it has boatloads of useful information. That includes overall tax rates, where data from the Institute on Taxation and Economic Policy shows that in the median state (Mississippi, as it turns out) the poorest 20 percent pay twice the tax rate of the top 1 percent. In the worst states, the poorest 20 percent pay five to six times the rate of the richest 1 percent. Lucky duckies indeed. There’s not one single state with a tax system that’s progressive. Check the table below to see how your state scores.
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For much of the 20th century, top earners had been taxed at even higher rates than what the lawmaker has proposed.
In an email to supporters, Sen. Bernie Sanders calls out billionaires for enriching themselves at others' expense.
I come back to pay my taxes every year. Since last April 15, I've watched mass shootings, moral collapse—and at last a ray of hope.
Republicans engineer a coup against the middle and working classes and throw enormous amounts of public money to private billionaires and multimillionaires with the tax bill.
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